If the stock market can move sectors and stocks, which sectors and stocks are most likely to move in step with the stock market? Sectors and individual stocks most highly correlated to the overall market can use the S&P 500 SPDR ETF (SPY) as a directional indicator.

The following individual stocks are most correlated the S&P 500 SPDR ETF (SPY).

HON Honeywell Intl
TXN Texas Instruments
AXP American Express Co
NSC Norfolk Southern
MDT Medtronic plc
ACN Accenture PLC (Ireland) NEW
FDX FedEx Corp
WMT Wal-Mart Stores
GS Goldman Sachs Grp
UTX United Technologies
HD Home Depot Inc
UNP Union Pacific Corp
AIG Amer Intl Grp
HPQ Hewlett-Packard
USB US Bancorp
LMT Lockheed Martin
COF Cap One Finl
BRK.B Berkshire Hathaway'B'
MMM 3M Co
MET Metlife Inc
BA Boeing Co
EMC EMC Corp
CVX Chevron Corporation
GM General Motors Co
EBAY Ebay Inc
V Visa Inc
ABT Abbott Laboratories
MSFT Microsoft Corp
BK Bank of New York Mellon Corp
HAL Halliburton Co
JPM JPMorgan Chase & Co
MA Mastercard Inc
ORCL Oracle Corp
BAC Bank of America Corporation
MON Monsanto Co
CSCO Cisco Systems
COP ConocoPhillips
C Citigrp Inc
WFC Wells Fargo
GE General Electric
CAT Caterpillar Inc
DIS Disney (Walt) Co
BAX Baxter Intl
BIIB Biogen Idec

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.